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Code name Million Carats - A new affordable apartment project by Urbanrise. Is it worth an Investment??
Hi Praveen, Code Name Million Carats is the best project for investment Property. It is gated community very close to Hindustan University, Chettinad Healthcity. The project configuration is studio, 1 Bhk, 2BHK, 3bhk. Project got Approved by RERA. price starting from 16L
Hello Bhaskaran, Code Name Million Carats is a good project for investment. It is strategically located in Padur, OMR, Chennai. Beside Chettunadu Health City. Yes, it has got its state RERA approval and its RERA Registration No is TN-01-BUILDING-0015-2019. As far as Bank approval is concerned, Bajaj Allianz, IIFL, Yes Bank, HDFC, SBI, Axis, and PNB are funding it.
Hello Praveen, Code Name Million Carats is a pre-launch project by Urbanrise in Podur, Chennai. This project is spread over 12.9 acres of vast land parcel and consists 8 towers in Basement plus stilt plus 19 floors. It offers 1 RK, 1,2, and 3 BHK residential flats ranging from 353-sq.ft to 892 sq.ft. A 1RK flat size is 338 sq.ft, 1BHK in 490 sq.ft, 2 BHK 633-835 sq.ft, and 3 BHK in 868 sq.ft. Its starting price is Rs.15 lakh onward for a studio apartment.
Hi Shyam, I am interested in this project. Can you tell me whether this project has got approval from state RERA or not? Which all banks are funding this project?
Hi Praveen, First check whether this project has got approval from state RERA or not. Second most important thing is its location and connectivity to other parts of the city, daily basic amenities from project site, check the current property rate and compare with the property you are planning to buy and then go for it.